Market Overview
Home Prices in Montebello, VA
The median home value in Montebello, VA is $366,146 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montebello are priced11% below average. Montebello is part of the Charlottesville, VA metro area.
Over the past five years, Montebello home values have risen by approximately14.7%, reflecting steady appreciation in this market.
Price History
Montebello Home Price Trend
City Comparison
Montebello vs. National Median
At $366,146, homes in Montebello cost 11% below the national median of $410,000. This makes Montebello a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montebello?
20% Down Payment
$73,229
on $366,146
Monthly P&I
$1,910/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,426/mo
incl. taxes & insurance
Income Needed
$97,040
gross annual (30% rule)
10% Down Option
$36,615
+ PMI applies
Loan Amount (20% dn)
$292,917
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Montebello, VA?
The median home value in Montebello is $366,146 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Montebello?
Over the past year, home values in Montebello have increased by 1.2%. Over five years, prices have risen approximately 14.7%.
How much do I need to earn to buy a home in Montebello?
To comfortably afford the median home price of $366,146 with a 20% down payment ($73,229) at today's rates (6.8%), you'd need a gross annual income of approximately $97,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Montebello compare to the national average home price?
The national median home value is approximately $410,000. At $366,146, homes in Montebello are 11% below the national average.
What metro area is Montebello part of?
Montebello is part of the Charlottesville, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.